How do I get a customs bond?

Bonds - How to obtain a Customs Bond You can obtain a U.S. Customs and Border Protection bond through a surety licensed by the U.S. Department of the Treasury. Please visit the Bureau of the Fiscal Service for a list of sureties. Many Customs brokers sell bonds and are also agents for sureties.

How does a customs bond work?

A customs bond is a specific type of surety bond that is required of individuals who are importing merchandise into the United States. The purpose of the bond is to ensure that the importer pays all taxes, fees and duties in a timely manner.

What is transit bond?

Transit is a regime that enables goods to be transported in bond from one customs office or warehouse to another customs office or warehouse. TRANSIT BOND OR BOND NOTE - An even cashflow; TRANSIT BOND OR BOND NOTE - Time-saving; TRANSIT BOND OR BOND NOTE - Attractiveness.

How much is a UPS customs bond?

The cost of an SEB is based on the single shipment, while the fee for a continuous bond is determined based off of 10% of the total taxes, duties and fees paid over the 12 month period (with a minimum of $50,000).

How much is the bond fee for shipping?

Generally, regular shippers should get an annual continuous entry bond, at $500 per year (allow 10 days processing). One-off shipments should get a single entry bond which costs 0.5% of goods value (minimum $50 charge) plus $75 for the ISF bond if you are shipping via Ocean.

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